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Jan 26, 2013
01/13
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sorros says that angela merkel's efforts in the intervening 14 months have probably saved the euro. he gives her a lot of credit but he still isn't high on the future of the currency. he says that while germany has done very well by the currency, brought down the prices of its goods and made its exports affordable in many more places in the world, there is still serious problems with the euro that have to be taken into account. tonight i went to a high school here in this swiss alpine town where they invited all coppers, people attending the conference and locals to come hear european finance ministers talk about the future of the euro. and it's like discussing a patient that you thought was going to die and is now merely in intensive care.. nobody likes to use the word austerity. the italian finance minister calls it responsibility. the german finance minister said oh, i don't like the sound of the word austerity it sounds so harsh in eng will be. i prefer the word discipline, which probably he jokes is a good german word. and earlier this week, the head of the imf called it consol
sorros says that angela merkel's efforts in the intervening 14 months have probably saved the euro. he gives her a lot of credit but he still isn't high on the future of the currency. he says that while germany has done very well by the currency, brought down the prices of its goods and made its exports affordable in many more places in the world, there is still serious problems with the euro that have to be taken into account. tonight i went to a high school here in this swiss alpine town...
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Jan 25, 2013
01/13
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euro stoxx 50 also higher. the dow jones industrial average also continuing the positive trend. the euro-dollar also trending positive, trading for $1.3370. >> a lot of optimism, despite all the optimism that seems to be brewing in davos in switzerland. it is a different story in spain, though. things just keep getting worse. unemployment is at its highest level ever recorded. 26% of the work force were registered as out of work in the last quarter of 2012. that's nearly 6 million people. >> the eurozone [applause] fourth largest economy is stuck in recession. the conservative government has pushed ahead with a tough austerity program to lower the country's deficit. critics say those spending cuts are directly to blame for the rise in unemployment. but there's a bit of bright news in the eurozone -- portugal has made an early debut back on the financial market, successfully raising 2.5 billion euros in a debt auction this week. >> the government had to pay only 4.9% in interest, signaling investors are more confident about the country's finances. portugal was forced to accept an
euro stoxx 50 also higher. the dow jones industrial average also continuing the positive trend. the euro-dollar also trending positive, trading for $1.3370. >> a lot of optimism, despite all the optimism that seems to be brewing in davos in switzerland. it is a different story in spain, though. things just keep getting worse. unemployment is at its highest level ever recorded. 26% of the work force were registered as out of work in the last quarter of 2012. that's nearly 6 million people....
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zone as long as it has this this was in favor of the euro of the euro zone at all costs that is where european powers especially germany would pressure on the ship and some greeks are choosing pretty extreme ways of showing they're fed up with the government a man opens fire in the headquarters of the ruling party with an a k forty seven no group has claimed responsibility for the shooting comes off the back of a wave of similar attacks by and it that's all it r t v dot com for you also online . virus invades new york the state governor has declared a health emergency over the spread of flu this is epidemic is already five times the size of last year's. it is facing international criticism after its paramilitary forces shut down a palestinian protest camp in the west bank despite the country supreme court forbidding it and when netanyahu also promised to build even more settlements in the area one of the protesters told us that the prime minister was just scoring points ahead of the election. when you have five hundred more than five hundred fully armed israeli soldiers. raiding villa
zone as long as it has this this was in favor of the euro of the euro zone at all costs that is where european powers especially germany would pressure on the ship and some greeks are choosing pretty extreme ways of showing they're fed up with the government a man opens fire in the headquarters of the ruling party with an a k forty seven no group has claimed responsibility for the shooting comes off the back of a wave of similar attacks by and it that's all it r t v dot com for you also online...
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zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany would press or. some greek situation pretty extreme ways of showing they're fed up with a government a man opened fire on a quarter of the greek ruling party with a k forty seven group has claimed responsibility for the shooting comes off the back of a wave of similar attacks. on dot com for you and also online. piracy invades new york state governors declared a health emergency over the spread of the influenza its use of a demick is already five times the size of last year's. israel's launch what's expected become the largest ever multinational air force exercise lasting the entire year but as artie's paula slip now reports the costly project has left many israelis wondering if the military is where the money is needed israel and the united states are sharing military drills bigger than any they've done in the past thousands of troops and millions of dollars but with social grievances that still need to be addressed and a prime minister loo
zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany would press or. some greek situation pretty extreme ways of showing they're fed up with a government a man opened fire on a quarter of the greek ruling party with a k forty seven group has claimed responsibility for the shooting comes off the back of a wave of similar attacks. on dot com for you and also online. piracy invades new york state...
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it's all kind of on shaky ground at the moment we've got a group of euro skeptic m.p.'s within the parliament who say that they've actually got the backing of over one hundred tory m.p.'s who have just outlined a massive manifesto for change and this comes two days before cameron's big speech and it's almost like a shopping list of demands of what they want to see changed about britain's relationship with europe and if they can't get that they're likely to say well why don't we leave you we have the british electorate who are very very annoyed with everything you're with your feel that she's getting in the way of the doing business. in their daily lives which is not one they really think you have a generational thing in the united kingdom a referendum on this took place in the mid seventy's so. i'm a middle aged politician and never in my life. time has every chance to have a say on what their relationship with europe should be like so there's a big call for a referendum in the end i think and of course the government has been accused of trying to cherry pick the polici
it's all kind of on shaky ground at the moment we've got a group of euro skeptic m.p.'s within the parliament who say that they've actually got the backing of over one hundred tory m.p.'s who have just outlined a massive manifesto for change and this comes two days before cameron's big speech and it's almost like a shopping list of demands of what they want to see changed about britain's relationship with europe and if they can't get that they're likely to say well why don't we leave you we...
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Jan 8, 2013
01/13
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the euro is trading higher against the yen. let's take a look at other markets in the asia pacific. the kospi is trading lower and in australia the benchmark index is trading higher at 4,724. >>> chinese drivers are steering clear of new cars. directors reported a 5.3% drop over the previous year with less than 1.2 million units sold. toyota registered their first declining sell since entering china ten years ago. sales at honda shrank too. mazda's dropped by 12.9%. the japanese government nationalized the senkaku islands in the east china sea. china and taiwan claimed the islands and it pushed consumers to boycott products. here is a recap of markets. >>> five men appeared in in a new delhi court monday. the m have been charged with raping a 23-year-old woman on a bus. they threw her from the vehicle. she died two weeks later in the hospital. the men heard the charges without defense lawyers present. many lawyers are avoiding the case because of the scale of public outrage at the crime. the trial is expected to be closed to public and media. protesters have been demanding harsh pun
the euro is trading higher against the yen. let's take a look at other markets in the asia pacific. the kospi is trading lower and in australia the benchmark index is trading higher at 4,724. >>> chinese drivers are steering clear of new cars. directors reported a 5.3% drop over the previous year with less than 1.2 million units sold. toyota registered their first declining sell since entering china ten years ago. sales at honda shrank too. mazda's dropped by 12.9%. the japanese...
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sliding down a slippery slope into the economic abyss the euro zone hits a new unemployment high with spain as again the worst affected small that later in the program. plus other syrian crisis feeds that could have aspirations for statehood with turkey paralyzed by fear as insurgents as step up their game on home territory. belfast has seen a first straight night of violence as police wide plastic bullets and water cannons at hundreds of loyalists protesters the angry mobs rolled firebombs breaks up the authorities and three sixty officers have been wanted in battle writings over the last weeks and city halls decision to only fly the union flag on special days analysed and political blogger midfield tea things it shows that lawyers don't have enough representation in local politics. what we're seeing here is in northern ireland as a result of the peace process we have a government in which everyone who is elected to the parliament is part of the government not leaves no space for parliamentary opposition and so when something like this happens that is seen by certain mostly working c
sliding down a slippery slope into the economic abyss the euro zone hits a new unemployment high with spain as again the worst affected small that later in the program. plus other syrian crisis feeds that could have aspirations for statehood with turkey paralyzed by fear as insurgents as step up their game on home territory. belfast has seen a first straight night of violence as police wide plastic bullets and water cannons at hundreds of loyalists protesters the angry mobs rolled firebombs...
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Jan 6, 2013
01/13
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he is one of the euros school. they're run the army caught up with what he was doing. you is this tech? we get to play catch up. i did not -- i was in a cocoon those six months. i did not have a chance to go off campus and talk with the locals and see that. again, there is the square, william faulkner square down and the middle of oxford. i don't know if it still happens that way, but if you are an african american 1962 and had any business on a square, you better be about a quickly. go to the bank. no loitering. no hanging around talking to each other. did your job done and move on. if you tried on a hat, it was your had. you bought it. that kind of a culture. the army has this kind of assignment. humor breaks out. thank god for that. one of our black officers says, when the front of a bus. i'm in the front of of bus in mississippi. that kind of survival humor because it was boring. it was boring, except for those first moments of tension during the riots and the intention letter on when he would be moving from class to class, and we would spot a car that should not b
he is one of the euros school. they're run the army caught up with what he was doing. you is this tech? we get to play catch up. i did not -- i was in a cocoon those six months. i did not have a chance to go off campus and talk with the locals and see that. again, there is the square, william faulkner square down and the middle of oxford. i don't know if it still happens that way, but if you are an african american 1962 and had any business on a square, you better be about a quickly. go to the...
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has resulted in the situation we have noise massive outpouring of cash for these two three billion euros that's the equivalent of about two percent of the entire economy left the country just during october and november last year let's face it the last time the french government balance their books was in the middle of the nineteen seventies france is in appalling prices and barely half the country are paying income tax you've got a situation where in fact public opinion is not starting to realize that france is bankrupt poland figaro today eighty percent of people agreed with mr suttles comments it's no joke what mr sipe on said it's the truth. twenty one people have been killed in a plane crash in kazakstan a plane carrying five crew and sixteen passengers went down near the city of all marty in the country's south after one pm local time no one is reported to have survived the challenger two hundred job rated by aig has a company's scat was under an internal flight and crash while trying to land in harsh weather conditions investigators have recovered the plane's flight recorders and
has resulted in the situation we have noise massive outpouring of cash for these two three billion euros that's the equivalent of about two percent of the entire economy left the country just during october and november last year let's face it the last time the french government balance their books was in the middle of the nineteen seventies france is in appalling prices and barely half the country are paying income tax you've got a situation where in fact public opinion is not starting to...
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Jan 25, 2013
01/13
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WJZ
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sorros says that angela merkel's efforts in the intervening 14 months have probably saved the euro. he gives her a lot of credit but he still isn't high on the future of the currency. he says that while germany has done very well by the currency brought down the prices of its goods and made its exports affordable in many more places in the world, there is still serious problems with the euro that have to be taken into account. tonight i went to a high school here in this swiss alpine town where they invited all coppers people attending the conference and locals to come hear european finance ministers talk about the future of the euro. and it's like discussing a patient that you thought was going to die and is now merely in intensive care. nobody likes to use the word austerity. the italian finance minister calls it responsibility. the german finance minister said oh, i don't like the sound of the word austerity it sounds so harsh in eng will be. i prefer the word discipline which probably he jokes is a good german word. and earlier this week, the head of the imf called it consolidat
sorros says that angela merkel's efforts in the intervening 14 months have probably saved the euro. he gives her a lot of credit but he still isn't high on the future of the currency. he says that while germany has done very well by the currency brought down the prices of its goods and made its exports affordable in many more places in the world, there is still serious problems with the euro that have to be taken into account. tonight i went to a high school here in this swiss alpine town where...
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Jan 8, 2013
01/13
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. >> the euro zone unemployment average reached all-time high of 11.8%. up from 11.7 in october. in country like italy, the situation is particularly dire. youth unemployment registered to 37%. >> here they are lined up with jobs accusation center. >> i don't have any trust in my country. absolutely not. no way out. we have our backs against the wall. either you leigh, if you stay here you are condemned. >> some blame the austerity measures that led to violence across the continent for aggravating the employment situation. greater unemployment comes diminished spending power so you get a vicious circle. still, despite the fact that improvements aren't happening quick enough. the leaders of the 27 countrys leaders from the different political parties learned to reach con ken sus. for example on banking union. >> the leaders have come together to change the system in ways they hope will not only stabilize the euro but lead to longer term growth. >> the euro zone need to do more to convince investors they are business friendly. unless it happens the much-needed job goes elsewhere. >
. >> the euro zone unemployment average reached all-time high of 11.8%. up from 11.7 in october. in country like italy, the situation is particularly dire. youth unemployment registered to 37%. >> here they are lined up with jobs accusation center. >> i don't have any trust in my country. absolutely not. no way out. we have our backs against the wall. either you leigh, if you stay here you are condemned. >> some blame the austerity measures that led to violence across...
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Jan 8, 2013
01/13
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i remember the 5-year number was 259, and then the 10-euros 487. about 60 was throughout the more disciplined use of resources. trying to remember, but i don't for sure what portion. 20%. probably roughly the same, but i don't frankly remember. i should, but i don't remember the number. so, you know, you start to go from sequestration, but let me try to be helpful. under the law before the new year's day legislation there was a sequestration about 547 in something called the national defence function where about 95 percent of that. our share was about 52. also a cap in the budget control act, and there was a sequestration associated with that. in the prior law we thought it would be 10 billion. the total is 62. when nothing the total would be more like 45. i hope he will take those numbers as rough, roughly 9%. and smaller because they change the law and a change some of the caps and reduced the size of the sequestration negotiation, the taxpayer relief act. is that clear? >> sorry. >> i'm going to take one more prerogative of the chair and ask one
i remember the 5-year number was 259, and then the 10-euros 487. about 60 was throughout the more disciplined use of resources. trying to remember, but i don't for sure what portion. 20%. probably roughly the same, but i don't frankly remember. i should, but i don't remember the number. so, you know, you start to go from sequestration, but let me try to be helpful. under the law before the new year's day legislation there was a sequestration about 547 in something called the national defence...
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Jan 8, 2013
01/13
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LINKTV
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. >> the number of people out of work in the member countries of the euro zone hit a record high in november according to figures released under an hour ago. nearly 12% of 330 million people in 17 countries were unemployed. that means 19 million people are jobless. 2 million people at the same tired year ago. the european economy has been struggling with huge debts in the aftermath of the global banking crisis. rebels in northern myanmar say the army is continuing its air and ground assault against them. we have obtained these pictures of the fighting. the military reportedly attacked hilltop positions belonging to the independence army on monday. the only ethnic minority group that has not reached a truce with the government. the chinese government is reportedly looking to stop using controversial labor camps that critics say violate fundamental rights. the system has been used for years to silence political opponents. it allows chinese authorities to keep citizens locked up for years without charge or trial. now this report. >> with word of what could be a momentous decision, this man, sup
. >> the number of people out of work in the member countries of the euro zone hit a record high in november according to figures released under an hour ago. nearly 12% of 330 million people in 17 countries were unemployed. that means 19 million people are jobless. 2 million people at the same tired year ago. the european economy has been struggling with huge debts in the aftermath of the global banking crisis. rebels in northern myanmar say the army is continuing its air and ground...
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the euro zone's jobless rate sits a new record high was spain again was suffering the most followed by grace nearly twelve percent are out of work across the bloc now over a quarter of people in fact in spain can't find a job that worrying number comes amid fresh demonstration. to madrid thousands of doctors have been marching against government plans to partly privatized health care a move they fear would ultimately lead to further job cuts spanish political analyst . says it's an alarming sign that traditionally pro-government medical workers have turned out in protest. but it's interesting about these protests in the health care sector is that it's different from a sociological point of view from all the protests we're seen around spain we've seen of course teachers and and. public sector workers of all sorts transport all the services are basically on strike or staging protests now what is different about the is that you have doctors which are traditionally in spain like elsewhere are traditionally more conservative they most of them they backed the government prior to its election
the euro zone's jobless rate sits a new record high was spain again was suffering the most followed by grace nearly twelve percent are out of work across the bloc now over a quarter of people in fact in spain can't find a job that worrying number comes amid fresh demonstration. to madrid thousands of doctors have been marching against government plans to partly privatized health care a move they fear would ultimately lead to further job cuts spanish political analyst . says it's an alarming...
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Jan 9, 2013
01/13
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and the budget of all the baghdad euros to work? it is dwarfed by the pentagon message is pushing out, dwarfs -- c-span: do we know as americans, reading the american media or any video what actually has happened in iraq and afghanistan? >> guest: i think actually we do. the guys on the ground generally do a pretty good job and have done an amazing job in difficult circumstances to get the story and if you are reading "the new york times," "the washington post," "the new yorker," the times, "newsweek," "the wall street journal" you get a sense on not the editorial page but if you read their actual reporting you get a sense of what's going on there. c-span: what would you say to young person and again we talked about the earlier event, want to do what you have done? >> guest: buckle up. c-span: what does that mean? >> guest: i think -- it's funny when people talk about michael hastings and who's going to write the next dispatch? you can do that. he wrote about vietnam and the classic book that all war correspondents love and there's
and the budget of all the baghdad euros to work? it is dwarfed by the pentagon message is pushing out, dwarfs -- c-span: do we know as americans, reading the american media or any video what actually has happened in iraq and afghanistan? >> guest: i think actually we do. the guys on the ground generally do a pretty good job and have done an amazing job in difficult circumstances to get the story and if you are reading "the new york times," "the washington post,"...
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long so why stay for it so it is quite a grim picture at the moment and more financial problems in the euro but as medics they hit the streets of madrid awful government decision time is parts of the health care system to help we live into the country's recession pleat economy. recovers from surgery in the speculation but as well is on the edge of a political crisis report on that and more later in the program. wealthy british scientists are. sometimes it's like the sun goes. down like that. market. find out what's really happening to the global economy with max keiser for a no holds barred look at the global financial headlines tune into kinds a report on our. there was an r g it's good to have you with us one of the world's most reclusive countries north korea has had a a high profile visit from the u.s. by eric schmidt chairman of the online search giant google the private trip has already prompted speculation about the company's intentions to engage with people young and also drawn condemnation from washington that looking to punish north korea following its recent to be solved has made
long so why stay for it so it is quite a grim picture at the moment and more financial problems in the euro but as medics they hit the streets of madrid awful government decision time is parts of the health care system to help we live into the country's recession pleat economy. recovers from surgery in the speculation but as well is on the edge of a political crisis report on that and more later in the program. wealthy british scientists are. sometimes it's like the sun goes. down like that....
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example this year only since the beginning of the year against the dollar and twenty percent against the euro. right and i read somewhere that paul krugman the american suicide banker economist was applauding the the move gold it's a new all time highs and yet in terms of the japanese people are scrambling to get all the gold and so are they possibly can to protect themselves against suicide bankers and the suicide prime minister and this is it's playing out exactly as we started this war and so i'm the. general of this war and i struck the troops to keep buying gold and silver to protect against suicide bankers in japan and a suicide prime minister has decided on a much like ball fragment of course the only difference now between the kamikaze pilots of the currency unit there and back in world war two is that it's a much older generation so they're all wearing adult nappies of course are adult diapers so you have suicide pilots wearing adult diapers which is actually what started with the that nasa pilot woman who was famous for wearing her diapers and driving cross-country to go try to kill
example this year only since the beginning of the year against the dollar and twenty percent against the euro. right and i read somewhere that paul krugman the american suicide banker economist was applauding the the move gold it's a new all time highs and yet in terms of the japanese people are scrambling to get all the gold and so are they possibly can to protect themselves against suicide bankers and the suicide prime minister and this is it's playing out exactly as we started this war and...
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cyber security the euro the u.s. says cyber attacks are happening and they need resources to combat this growing problem we'll tell you how the pentagon is going to play a crucial role in fighting cyber warfare here at home and around the globe. and will this finally be the year that democrats and republicans agree on immigration reform the senate released a plan today and president obama is expected to outline his reforms tomorrow so what's with this newfound effort to pass reform and will it be enough to help the eleven million suspected illegal immigrants in the u.s. . it's monday january twenty eighth four pm in washington d.c. and make a lopez if you're watching r.t. all right well just one week after he was inaugurated president obama's second term cabinet is finally beginning to take shape perhaps the least surprising pick of all was that of dennis mcdonough for the white house chief of staff position in his announcement president obama called mcdonough one of the hardest working men in washington he's also kn
cyber security the euro the u.s. says cyber attacks are happening and they need resources to combat this growing problem we'll tell you how the pentagon is going to play a crucial role in fighting cyber warfare here at home and around the globe. and will this finally be the year that democrats and republicans agree on immigration reform the senate released a plan today and president obama is expected to outline his reforms tomorrow so what's with this newfound effort to pass reform and will it...
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that is how things will expel and threaten the end of the euro and the european union. dennis: some of these socialists got them to make the tax temporary, do you have faith they will later take the tax away? when they start collecting money, they don't give it up. >> exactly. it takes a lot of courage. the top rate of tax was 98% and then down to 40% unleashing a huge growth in economy and in tax revenues, but she had the courage that not many people have and when the tax rates were up in the '90s you had a huge exodus from england to america, they went to lake monte carlo, bermuda, all that sort of thing and took their expertise and business with them. it harmed the economy. dennis: taxes always seem to start out small and they get bigger. the alternative minimum tax in the u.s. began in the '60s and maybe two dozen rich families pay those taxes of previous year and now the alternative minimum tax is affecting millions of families. >> exactly. and we are facing a major, a socialist president now and he can really cane people. only weeks afterwards it is quite apparent
that is how things will expel and threaten the end of the euro and the european union. dennis: some of these socialists got them to make the tax temporary, do you have faith they will later take the tax away? when they start collecting money, they don't give it up. >> exactly. it takes a lot of courage. the top rate of tax was 98% and then down to 40% unleashing a huge growth in economy and in tax revenues, but she had the courage that not many people have and when the tax rates were up...
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Jan 7, 2013
01/13
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it's part of the effort to abide by a new euro zone for a balanced budget. >>> back here at home. country's top diplomat is back on the job at least for a while. james rosen tells us secretary of state hillary clinton is off the disabled list to fill the remaining time. >> the selling presented her from a gift from all of us. she said, as you know, washington is contact sport. inside it was a football helmet with the state department seal and also a football jersey that said clinton on the back and on the front it says number 112 which symbolizes the number of countries she has visited as secretary of state. she loved it. she thought it was cool. being hillary clinton she wanted to get back to business. >> reporter: that meant ordering state department officials to get cracking on implementing all the recommendations for enhanced security that was proposed by the accountability review board that investigated the attacks in benghazi and clinton remains committed to testify about benghazi before she leaves office. >> she is prepared to do it at open session. >> at no point again thi
it's part of the effort to abide by a new euro zone for a balanced budget. >>> back here at home. country's top diplomat is back on the job at least for a while. james rosen tells us secretary of state hillary clinton is off the disabled list to fill the remaining time. >> the selling presented her from a gift from all of us. she said, as you know, washington is contact sport. inside it was a football helmet with the state department seal and also a football jersey that said...
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Jan 2, 2013
01/13
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CNBC
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because the euro has fallen quite dramatically and the dollar add great day like every other currency. becky, back to you and happy new year. >> happy new year. >> if you are just coming out under your rock, a triple digit on the dow. yields on the ten-year also rising. still a lot of uncertainty ahead. how should you be positioning yourself or 2013? let's bring in our panel of expert traders. kenny is standing by at the nyse. richburg in chicago. and anthony at the nymes. kenny, why don't we start things off with you. you said you thought this would be a good year for stocks. is that because you think the economy is looking strong or you can't fight the fed at this point? >> you can't fight the fed as we have seen the last three or four years. but it is not so much that economy is so strong, it feels to be stabilized. it feels to build a nice foundation. whether our economy or economies around the world. that is giving me optimism for the year. i do though think that first couple months actually might be fairly volatile. but in the end, if you stick with the plan, i think equities ar
because the euro has fallen quite dramatically and the dollar add great day like every other currency. becky, back to you and happy new year. >> happy new year. >> if you are just coming out under your rock, a triple digit on the dow. yields on the ten-year also rising. still a lot of uncertainty ahead. how should you be positioning yourself or 2013? let's bring in our panel of expert traders. kenny is standing by at the nyse. richburg in chicago. and anthony at the nymes. kenny,...
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Jan 27, 2013
01/13
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the euro is the alternative and look at the problem they are having there. the dollar has gone down in value by 50% against the euro in the last decade. that's because our debt tripled in that amount of time 1971 the so-called nixon shock of wage and price controls and the gold standard ever since then since there has been dollar inflation. it has been fairly consistent in terms of its value, hasn't it? >> no. it's done with up and down. like i said, it's t. lost a tremendous amount of value against the euro. and the issue is the fed just prints money. it just keeps interest. in for the economy. there is going to be inflation. prohibited oddly enough in richard virginia. there you go. look at these. v.a. is going to spend $22,000 to study a virginia alternative currency. that kind of a waste of taxpayer money? >> you know, in a way it is. the issue is we have had, before we haven't just had the dollar forever. at one point, in 1836, there were every state had its own bank note. and there were 16,000 chartered types of currency. so easy to counterfeit. it d b
the euro is the alternative and look at the problem they are having there. the dollar has gone down in value by 50% against the euro in the last decade. that's because our debt tripled in that amount of time 1971 the so-called nixon shock of wage and price controls and the gold standard ever since then since there has been dollar inflation. it has been fairly consistent in terms of its value, hasn't it? >> no. it's done with up and down. like i said, it's t. lost a tremendous amount of...
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Jan 3, 2013
01/13
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CNBC
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is it the euro or the yen? let's explain that look at the two-day the euro versus the yen. interesting. that is giving up ground. look at the canada versus the yes. the canada is really holding up well. after looking at all the cross trades, i would think that the euro is really the catalyst for some of the lower trade, even though we all know that the yen is on a path most likely to lose ground against most of the major currencies. brian sullivan, the mario andretti of street signs and "squawk on the street," back to you. >> you're way too kind, rick, but i will take it. thank you very much. let's check out the latest moves in energy and metals and go down to sharon epperson at the nymex. how are things looking, sharon? >> looks like we are seeing a bit of a pull back across-the-board in the commodities sector after yesterday's sharp rally, gold hate two-week high we are looking at the aftermath of this, a lot of folks deciding now they put new money to work what are they really going to do for 2013? you look at the gold price, it's hit the lows of the session right around
is it the euro or the yen? let's explain that look at the two-day the euro versus the yen. interesting. that is giving up ground. look at the canada versus the yes. the canada is really holding up well. after looking at all the cross trades, i would think that the euro is really the catalyst for some of the lower trade, even though we all know that the yen is on a path most likely to lose ground against most of the major currencies. brian sullivan, the mario andretti of street signs and...
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the euro up against the dollar. the pound up against the dollar. euro 1.31 testing recent highs, and meanwhile, up against the green back unless you have the mexican peso, we'll be right back. lauren: i'm lauren green with your fox news minute. stranded after the coast is now under tow. successfully pulled from the island where it ran aground in a vicious storm a week ago. the rig is being toed at four miles per hour approaching the alaska coast where crews can determine if there's damage. shell says no evidence that the vessels' 150,000 gallons of fuel leaked into the ocean. the set dates to hear arguments in two gay marriage cases. california's proposition 8 on same-sex marriage will be heard march 26 #th, and the defense of marriage act is heard the following day on march 27th. new violence in syria after president assad's declaration that he will not step down in a public address, he announced only he dictates the end of the civil war, a 21-month conflict costing more than 60,000 lives so far. those are your headlines. back to ashley. ashley: l
the euro up against the dollar. the pound up against the dollar. euro 1.31 testing recent highs, and meanwhile, up against the green back unless you have the mexican peso, we'll be right back. lauren: i'm lauren green with your fox news minute. stranded after the coast is now under tow. successfully pulled from the island where it ran aground in a vicious storm a week ago. the rig is being toed at four miles per hour approaching the alaska coast where crews can determine if there's damage....
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Jan 10, 2013
01/13
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MSNBC
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other finance ministers, with the imf, with the world bank issues, and most importantly now, with the euro zone and the crisis there. >> excellent point, andrea. that was always part of the job, but it never mattered as much as it has since the financial crisis. look, there is a club of central bankers, there's a club of finance ministers. there's sort of overlapping circles within that club. jack lew is not known to come part of that club. for one central banker to call another in the middle of a crisis and say, hey, we're going to do this and be able to talk on the phone and to really address global financial issues in a hurry, i'm not saying jack lew can't be part of that. i know he also has spoken with a lot of these people in the past. he has talked to business executives on a pretty regular basis. as for his priors, he is not a member of that club. >> now, if he does have the chops to come up with a budget deal and real entitlement reform, and coming from a liberal to progressive background, having worked for tip o'neill, and i was told started out in politics in new york city with t
other finance ministers, with the imf, with the world bank issues, and most importantly now, with the euro zone and the crisis there. >> excellent point, andrea. that was always part of the job, but it never mattered as much as it has since the financial crisis. look, there is a club of central bankers, there's a club of finance ministers. there's sort of overlapping circles within that club. jack lew is not known to come part of that club. for one central banker to call another in the...
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Jan 5, 2013
01/13
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FOXNEWSW
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their name went from journal news to the euro news in less than seven days. they don't give a damn. they issued a public statement linking the atros it that happened in connecticut. anybody with any sense our heart goes out. you do everything we can. >> gregg: why did they do that. you mentioned a statement given by janet hassen who is publisher issuing a statement. armed guards, one of our rules is to reported publicly available information on timely issues. we knew publication of a database would be controversial but we felt sharing information about gun permits on the air it was important in the aftermath of the newtown shooting. as a justification -- does that even make sense? >> doesn't make any sense whatsoever. they did it to sell papers and this is violation. this is an unwarranted invasion of privacy. freedom of information is to have an open, accountable government. not to invade people's privacy. i have victims of domestic violence who went off the grid to protect themselves. they were exposed a couple days before christmas by this editorial board. our cops, police office
their name went from journal news to the euro news in less than seven days. they don't give a damn. they issued a public statement linking the atros it that happened in connecticut. anybody with any sense our heart goes out. you do everything we can. >> gregg: why did they do that. you mentioned a statement given by janet hassen who is publisher issuing a statement. armed guards, one of our rules is to reported publicly available information on timely issues. we knew publication of a...
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Jan 24, 2013
01/13
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CNN
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it doesn't have the euro but in many aspects it is in and it is a full member. united states depends on britain for the very strong role in international affairs. it helps all over the place whether in trying to confront iran, syria and north korea with sanctions and plays a big role whether afghanistan, iraq. david cameron is saying we like our foreign role. we like you and our economic role in the e.u. but we don't want to be a part of your political role. he is trying to negotiate a half in/half out role for the u.k. that is very concerning to the u.s. because he has raised the stakes by saying he would put it to the british people in the referendum. if they vote to get out of the e.u. that could fundamentally change that relationship. >> let's listen to a little bit of your interview there. >> you see all the economic turmoil in europe. you see it over here, as well, in the u.s., the rambling over the fiscal cliff. it seems to be endless economic uncertainty. >> president obama and i have agreed that different countries should take different pathways accordi
it doesn't have the euro but in many aspects it is in and it is a full member. united states depends on britain for the very strong role in international affairs. it helps all over the place whether in trying to confront iran, syria and north korea with sanctions and plays a big role whether afghanistan, iraq. david cameron is saying we like our foreign role. we like you and our economic role in the e.u. but we don't want to be a part of your political role. he is trying to negotiate a half...
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Jan 11, 2013
01/13
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FOXNEWSW
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why doesn't greece do this, have a trillion dollar euro coin and this is perhaps one of the most absurd ideas anyone would come up with and would make us a laughingstock. >> megyn: i have to confess, i don't understand how it works, but i gather, you don't have to keep making trillion dollar coins, they're not going to be circulating because we don't have that money, but it's there to say we're able to pay our bills, it's a trillion dollar counties and an end-around what president obama may see congress do to him which is perhaps not raise that debt ceiling? >> i think i would agree, this is one of the stupidest ideas. >> megyn: really? >> that comes out of washington. but this, i could puse the pun, it doesn't make "cents", i know it's friday afternoon and people are a little tired. it's a stupid idea and a nonstarter. congress is going to have to extend the debt ceiling or we default on our debt, and it's cataclysm cataclysmic. i hope and i pray after the inauguration that people reach across the aisle. we're going to have to cut defense. we're going to have to increase the eligibilit
why doesn't greece do this, have a trillion dollar euro coin and this is perhaps one of the most absurd ideas anyone would come up with and would make us a laughingstock. >> megyn: i have to confess, i don't understand how it works, but i gather, you don't have to keep making trillion dollar coins, they're not going to be circulating because we don't have that money, but it's there to say we're able to pay our bills, it's a trillion dollar counties and an end-around what president obama...
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Jan 24, 2013
01/13
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WBAL
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as teens, you know, we're so used to that, that euroing i dok it's at all strange. >> this doesn't shock you that this guy thought he had a girlfriend and never met her. >> unfortunately, no. >> sam. >> what's different about our generation we don't group online relationships and interpersonal relationships differently and think they're the same thing. we talk to someone online, text th them, e -mail them. >> talking about a girlfriend. would either of you label someone online a girlfriend or boyfriend you never met in person? >> absolutely not. >> one thing i say with manti te'o one thing he differe differentiated. he forget the personal part. >> we wouldn't do that. >> the dismiss that. >> i will bring you in, in a second, doctor. we asked our viewer, more than 25,000 responded. are you surprised someone can develop an emotional relationship with someone online, 76% said now and 24% said yes. >> their generation doesn't know life without the internet, texting, facebooking, this is how friendships and relations p relationshirelationshi relationships develop, you and i know getting on th
as teens, you know, we're so used to that, that euroing i dok it's at all strange. >> this doesn't shock you that this guy thought he had a girlfriend and never met her. >> unfortunately, no. >> sam. >> what's different about our generation we don't group online relationships and interpersonal relationships differently and think they're the same thing. we talk to someone online, text th them, e -mail them. >> talking about a girlfriend. would either of you label...
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1.1K
Jan 28, 2013
01/13
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FBC
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with the euro down, the pound down, they're all down against the dollar except the japanese yen which is showing a little backbone but not much. we'll be right back. officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> at 20 minutes past the hour i'm lauren green with your fox news minute. a section of the mississippi river is closed to traffic as crews clean up a oil leak on sunday. it hit a railroad bridge near vicksburg, mississippi, spreading oily water across part of the waterway. >>> brazilian police arrested three people following the deaths of more than 20 in the nightclub fire in santa maria. the blaze reportedly started when a band member lit a flare on stage causing mass panic. the band's security chief and a member and owner of the kiss nightclub have been brought in for questioning. >>> french and mali troops sealed off timbuktu forcing islamist rebels to flee north. they seized the timbuktu airport as they look for al qaeda lin
with the euro down, the pound down, they're all down against the dollar except the japanese yen which is showing a little backbone but not much. we'll be right back. officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> at 20 minutes past the hour i'm lauren green with your fox news minute. a section of the mississippi river is closed to traffic...
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Jan 24, 2013
01/13
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FOXNEWS
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greece is the country, remember, that started all of these euro headaches and there's more problems here in january. mass transit strike now in its 8th day. subways, buses, snarling traffic in athens and elsewhere. the workers are protesting salary cuts which have been put in place by the government, again part of austerity moves there. the government today stepping in, branding the strikes illegal and threatening to throw those workers into jail. that is causing more problems with the unions. greece, too, martha, is showing some gains. they're reducing their deficit but again, with more problems. as well, a desperate economic situation in greece. it's got people organizing, bartering systems because they have no more cash. and it is driving extremists to more violence. just in the past week, a shopping mall in athens hit by a many toing. another year, martha. martha: rough stuff. greg, thank you. bill: changing of the guard only moments away from a senate confirmation hearing for senator john kerry, the man expected to be our next secretary of state. we're live in washington. guess who
greece is the country, remember, that started all of these euro headaches and there's more problems here in january. mass transit strike now in its 8th day. subways, buses, snarling traffic in athens and elsewhere. the workers are protesting salary cuts which have been put in place by the government, again part of austerity moves there. the government today stepping in, branding the strikes illegal and threatening to throw those workers into jail. that is causing more problems with the unions....
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Jan 16, 2013
01/13
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CSPAN2
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the needs of capital, and whether you have access to credit, and that is why the work of the consumer euro is important. the way companies manage risks and the ability of nonfinancial firms to manage their financial risk or as they say interest rates and currencies. the so-called derivative stocking. and the capital of liquidity in the role of the fundamental rule that money market mutual funds play to help many manage their day-to-day liquidity. all of these things are happening at the same time. these changes are significant and it is important that we get it right. this is not a question of whether financial regulation reform should be more or less, it should be, you know, we call the you know, we called the rightly or wrongly. how do we make sure you get right? for us get it right? for us, the definition of getting it right to preserve the most diverse sources of capital in job creation in the american economy. today we will hear from dan gallagher who i think is a in a good position to lay out an agenda for this and we hope that this is an agenda which has attracted strong bipartisan
the needs of capital, and whether you have access to credit, and that is why the work of the consumer euro is important. the way companies manage risks and the ability of nonfinancial firms to manage their financial risk or as they say interest rates and currencies. the so-called derivative stocking. and the capital of liquidity in the role of the fundamental rule that money market mutual funds play to help many manage their day-to-day liquidity. all of these things are happening at the same...
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Jan 7, 2013
01/13
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CSPAN2
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freddie, ma a 21 euros, son of a military man, he had gone to school, was in college, got a 25 year since. he asked his father way he should take a plea, and his father said look, if you're innocent you need to prove, get your day in court and go to trial and prove it. the son took his word, went to trial and got a 25 year sentence instead of a five year plea sends, since he would've gotten had he planned. the stories went on and on, and quickly, i probably most certainly would've done exactly if i had been in the same situation, people start to say we can get a fair trial, we are going to start to take place but to take place but i do have many of you know, but again tv makes it seem like everyone goes to trial. in the federal system over 95% of the cases actually get resolved. very few of them go to trial. in the state system, it's not quite as high but it is still very, very high. and so my clients started to quickly, they weren't my clients get what they started to take pleased to basically prison just because they felt like they could not get a fair trial. again, as i said, the prose
freddie, ma a 21 euros, son of a military man, he had gone to school, was in college, got a 25 year since. he asked his father way he should take a plea, and his father said look, if you're innocent you need to prove, get your day in court and go to trial and prove it. the son took his word, went to trial and got a 25 year sentence instead of a five year plea sends, since he would've gotten had he planned. the stories went on and on, and quickly, i probably most certainly would've done exactly...
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Jan 8, 2013
01/13
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MSNBCW
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euroing we're i don't think we're a blood thirsty culture and we need to look at everything we can do to safe guard our people. >> i appreciate your honesty on this. let me quickly ask you, the "rolling stone" article kind of exploded on our show that morning it broke and led to a fairly quick departure. do you feel misunderstood about parts of those -- the repo reporting -- and is there anything you would change looking back? >> first, i would tell you, as a commander, i take responsibility for what happened. when i came back to offer my resignation to president obama, that's exactly what i told him, i take responsibility, because that's what commanders do, and move on. i think that the media controversy that arose around that, i actually believe that it may not be entirely accurate, but the commander in chief who i worked for was my commander in chief and still my commander in chief. i owe him not to put such things on his desk, not to have him face controversies. whether it's my fault or not, it's my responsibility. i think it's front that i -- i was raised, the responsibility is w
euroing we're i don't think we're a blood thirsty culture and we need to look at everything we can do to safe guard our people. >> i appreciate your honesty on this. let me quickly ask you, the "rolling stone" article kind of exploded on our show that morning it broke and led to a fairly quick departure. do you feel misunderstood about parts of those -- the repo reporting -- and is there anything you would change looking back? >> first, i would tell you, as a commander, i...